Golar: LNG Shipping To Prosper As Natural Gas Convergence Is Underway
by Daniel Moser
In the past decade natural gas has gone through a ferocious boom bust cycle marked by epic hurricanes followed by so much new production that the market became over supplied. These high level forces have played out resulting in North American natural gas prices that are substantially discounted relative to the rest of the world. This existing divergence between North American natural gas prices and global natural gas prices has kicked off an operational arms race to converge natural gas prices globally. An operational arms race in which LNG shipping companies will do quite well. read more »
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